Price Reduction
Listed By:
Brandon Mungai with The Brand Haus Inc.; 714-454-3930
Address
16941 Hoskins, Huntington Beach, CA
Price
$ 2,870,000
Property Attributes
  • ID#OC26128187
  • TypeMulti-Family
  • Listing Status Active
  • CountyOrange
  • CityHuntington Beach
  • Area Northwest Huntington Beach
  • NeighborhoodNA
  • Zip92649
  • Style
  • Year Built1973
  • Price$ 2,870,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6046
  • Lot Size0.19 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Prime Huntington Beach 5-Unit Investment Opportunity. Exceptional, low-maintenance five-unit asset located in a highly desirable Huntington Beach neighborhood, offering strong value-add potential with extensive recent capital expenditures. The property features four identical two-bedroom, two-bathroom units with mirrored floor plans, including a unique ground-level unit (Unit 2) boasting a private wrap-around patio. These four units utilize a shared community laundry room. Units 1 and 2 have just been turned over with fresh paint, new carpet, and new shower doors, and are successfully stabilized on new one-year leases. Immediate upside is available as Unit 4 is vacating at the end of June, providing an ideal opportunity to renovate and capture market rent. The fifth unit (Unit 3) is a premium owner’s suite consisting of a one-bedroom layout with a private staircase/entrance, in-closet laundry, a half-bath, a full bath, and an additional standalone shower. The asset includes a total of nine assigned parking spaces, configured as six covered carports and three open spaces, with one carport dedicated to Unit 3 and the other Units are all assigned with two parkings spaces. Investors will benefit from minimal near-term CapEx due to significant recent infrastructure upgrades. Recent IMPROVEMENTS include NEW FURNACES for Units 1, 2, 4, and 5 (January 2026), full building TERMITE REPAIRS and FUMIGATION (May 2026), and fully compliant SB721 BALCONY and WALKWAY RE-COATINGS. Additionally, NEW SIEMENS ELECTRICAL SUB-PANELS were installed for all units alongside a NEW FLAT ROOF CARRYING A 10 YEAR WARRANTY (July 2024). This is a rare, turn-key coastal opportunity perfect for a seasoned investor or an owner-user looking for a premium private unit with strong supporting rental income.

Price History
6/12/2026 Listed $2,950,000
7/14/2026 1$2,925,000
8/19/2026 1$2,895,000
9/17/2026 1$2,870,000

General Features

Sewer Sewer Tap Paid
Heating Central,Fireplace(s)
Cooling None
Possession Close Of Escrow
Roof Flat
Appliances Dishwasher,Electric Range,Microwave,Refrigerator
Pool Features None
Year Built 1973
Stories Count 2
Levels Two
Property Subtype Apartment
Community Features Park
County Orange
Net Operating Income 118235
Operating Expense 50545
Insurance Expense 4401
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 5220
Subdivision Name NA
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions Bolsa Chica / Warner
City Huntington Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 5
MLS Area 17 - Northwest Huntington Beach
Lot Size Units Square Feet
Lot Size Square Feet 8276
Carport Spaces 6
Carport Y/N true
Number of Units Leased 5
Listing Terms Conventional
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 600
Current Financing None
Fuel Expense 1920
Trash Expense 2124
Water Sewer Expense 2600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Total Actual Rent 14500
Property Sub Type Additional Apartment
Taxes 33500
Cap Rate 4
PostalCity HUNTINGTON BEACH

Interior Features

Interior Amenities Balcony,Ceiling Fan(s)
Flooring Carpet,Laminate
Fireplace Features Gas,Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area,Laundry Closet
Entry Level 1

Exterior Features

Parking Features Assigned,Carport
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 9
Lot Size Area 8276
Number of Buildings 1
Building Area Total 6046
Lot Size Acres 0.19
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92649

Price
AVG $2.48M
$2.87M
Year Built
AVG 1977
1973

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